Santander 123 Lite - conversion to Everyday Account from 21 August 2025?

J_B

jonathan.carling said:

............... but I'll get little to no benefit with the new offerings. I already have NatWest where I'm getting £5 in rewards each month so........

What Nat West A/C do I need for that? 

gt94sss2

J_B said:

jonathan.carling said:

............... but I'll get little to no benefit with the new offerings. I already have NatWest where I'm getting £5 in rewards each month so........

What Nat West A/C do I need for that? 

A NatWest Reward account

https://www.natwest.com/current-accounts/reward_account.html

Also offered on their paid for packaged accounts and/or their Premier Reward version if you qualify.

jonathan.carling

Yep, this is exactly mine. I get £1 for logging in with the app and £4 for two active DDs. Easy £5pm.

crumpet_man

jonathan.carling said:

Yep, this is exactly mine. I get £1 for logging in with the app and £4 for two active DDs. Easy £5pm.

and a £2 monthly fee?

Flangephace

My contribution, for info;
My statement end date is 8th of the month. I am usually (in my case, always) paid cashback and charged the fee on the 8th and receive a monthly statement on the 9th.
However, I did not receive the cashback yesterday (8th September) for the Direct Debits taken between 9th August and 20th August (prior to the official 123 Lite end date of 21st August) nor have I received a monthly statement today (covering transactions for period 9th August to 8th September).
I noticed today the account name has changed from 123 Lite to Everyday Current, despite their corres of June25 stating both of the above would be done prior to the actual conversion.

I've messaged them regarding this but I'm not holding my breath. Whilst a slight delay wouldn't be a concern, the fact my account conversion has occurred already does imply the final cashback may not be forthcoming.

Nasqueron

gt94sss2 said:

J_B said:

jonathan.carling said:

............... but I'll get little to no benefit with the new offerings. I already have NatWest where I'm getting £5 in rewards each month so........

What Nat West A/C do I need for that? 

A NatWest Reward account

https://www.natwest.com/current-accounts/reward_account.html

Also offered on their paid for packaged accounts and/or their Premier Reward version if you qualify.

You can have the same account with RBS too if you can split the DDs. The one thing I'm not sure on is whether the pay in criteria of £1250 counts if you move it from NatWest, the wording suggests it's only not counted if it's from RBS but I'd appreciate if someone could confirm as it's easier for me to move salary from NW to RBS and to a saver but I can do it via a third bank if needed

Nasqueron

crumpet_man said:

jonathan.carling said:

Yep, this is exactly mine. I get £1 for logging in with the app and £4 for two active DDs. Easy £5pm.

and a £2 monthly fee?

Net £3 yes but I see the £2 as a cost I budget for and the £5 as a boost for the regular saver - £155 payment is allowed if you use the reward money, ignoring round-ups

keiran

Nasqueron said:

gt94sss2 said:

J_B said:

jonathan.carling said:

............... but I'll get little to no benefit with the new offerings. I already have NatWest where I'm getting £5 in rewards each month so........

What Nat West A/C do I need for that? 

A NatWest Reward account

https://www.natwest.com/current-accounts/reward_account.html

Also offered on their paid for packaged accounts and/or their Premier Reward version if you qualify.

You can have the same account with RBS too if you can split the DDs. The one thing I'm not sure on is whether the pay in criteria of £1250 counts if you move it from NatWest, the wording suggests it's only not counted if it's from RBS but I'd appreciate if someone could confirm as it's easier for me to move salary from NW to RBS and to a saver but I can do it via a third bank if needed

If your question is whether the £1250 pay-in coming from a NatWest account to an RBS account (or vice versa) qualifies for the reward criteria, then the answer is yes. I've funded this way for years and always got the reward payments.

Nasqueron

keiran said:

Nasqueron said:

gt94sss2 said:

J_B said:

jonathan.carling said:

............... but I'll get little to no benefit with the new offerings. I already have NatWest where I'm getting £5 in rewards each month so........

What Nat West A/C do I need for that? 

A NatWest Reward account

https://www.natwest.com/current-accounts/reward_account.html

Also offered on their paid for packaged accounts and/or their Premier Reward version if you qualify.

You can have the same account with RBS too if you can split the DDs. The one thing I'm not sure on is whether the pay in criteria of £1250 counts if you move it from NatWest, the wording suggests it's only not counted if it's from RBS but I'd appreciate if someone could confirm as it's easier for me to move salary from NW to RBS and to a saver but I can do it via a third bank if needed

If your question is whether the £1250 pay-in coming from a NatWest account to an RBS account (or vice versa) qualifies for the reward criteria, then the answer is yes. I've funded this way for years and always got the reward payments.

Thanks! 

I'll probably just bounce £1250 from NW to Nationwide to RBS and to Kroo to cover everything but good I can do direct to RBS

harz99

Flangephace said:

My contribution, for info;
My statement end date is 8th of the month. I am usually (in my case, always) paid cashback and charged the fee on the 8th and receive a monthly statement on the 9th.
However, I did not receive the cashback yesterday (8th September) for the Direct Debits taken between 9th August and 20th August (prior to the official 123 Lite end date of 21st August) nor have I received a monthly statement today (covering transactions for period 9th August to 8th September).
I noticed today the account name has changed from 123 Lite to Everyday Current, despite their corres of June25 stating both of the above would be done prior to the actual conversion.

I've messaged them regarding this but I'm not holding my breath. Whilst a slight delay wouldn't be a concern, the fact my account conversion has occurred already does imply the final cashback may not be forthcoming.

Look again, their system updates twice a day, you may well now have an up to date statement...